Is your accounting team drowning in work and having to stay extra-long hours just to meet month end close requirements? Has your team’s attitudes, productivity, and energy levels dropped because they haven’t come up for air all week from work demands?
Or maybe you and your small business could just use some simple help with getting your accounting and books organized on a system and want some detailed reports and balances for your small company.
It’s ok if you or your team needs help, we understand the accounting work load and elements of GAAP and high-level responsibilities of month end close and financial reporting requirements. We are also very familiar with the most exciting visits from auditors and their friendly PBC requests.
We are a small team of consultants who have been there, from public companies, to small private and large private equity, we have a vast amount of experience and can diligently say we mastered many techniques in assisting companies with accounting, finance, and audit. We want to help you and your team, large or small.
Some recent accounting projects we have assisted in:
Monthly Book Keeping and Reporting
Assisting in month end close responsibilities such as updating Bank Reconciliations, Fixed Assets Roll forwards, and updating monthly accrual calculations and entry preparation.
Preparing Consolidated Financial Statements including the Income Statement, Balance Sheet, Statement of Changes in Equity.
Preparing footnotes for the financial statements and updating schedules, Subsequent events, and Related Party Transactions.
Managed and completed a full month end close including updating monthly general ledger entries and all close processes for domestic entities and foreign entities.
Reconciled and analyze financial statements for domestic and foreign subsidiary, including inter-company balances and foreign exchange gains/losses.
Reviewed and cleared out unearned Revenue Liability account for proper revenue recognition as of the reporting.
Counted, Tagged, and reported fixed Asset count on all company Property Plant and Equipment.
Fulfilled all audit PBC requests and maintained the point of contact for the audit time, saving the client time.
Reviewed legal contracts for obligation compliance and proper accounting treatment.
Compiled and prepared monthly consolidated financial statements, prepared monthly operating and financial analysis reports, quarterly financial statements flux explanations, and business review packages.